Bolivia - Instruments Used In Medical Sciences - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jul 1, 2024

Bolivia - Instruments Used In Medical Sciences - Market Analysis, Forecast, Size, Trends And Insights

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Medical Instruments Price in Bolivia - 2023

Contents:

  1. Medical Instruments Price in Bolivia (CIF) - 2022
  2. Medical Instruments Price in Bolivia (FOB) - 2022
  3. Medical Instruments Imports in Bolivia
  4. Medical Instruments Exports in Bolivia

Medical Instruments Price in Bolivia (CIF) - 2022

The average medical instruments import price stood at $4,631 per ton in 2022, which is down by -11.2% against the previous year. Over the period under review, the import price faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when the average import price increased by 83% against the previous year. The import price peaked at $59,886 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($34,945 per ton), while the price for Pakistan ($1,048 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-7.6%), while the prices for the other major suppliers experienced a decline.

Medical Instruments Price in Bolivia (FOB) - 2022

The average medical instruments export price stood at $544,881 per ton in 2022, rising by 60,249% against the previous year. Over the period under review, the export price showed a significant increase. Over the period under review, the average export prices attained the peak figure at $2,074,381 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($799,027,325 per ton), while the average price for exports to Panama ($263,563 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+120,698,891.7%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Instruments Imports in Bolivia

In 2022, purchases abroad of instruments used in medical sciences increased by 17% to 5.8K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt descent.

In value terms, medical instruments imports totaled $27M in 2022. In general, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 47%. As a result, imports reached the peak of $35M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Medical Instruments in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.914.84.36.216.7%
Germany5.75.67.04.9-4.9%
United States4.25.54.14.20.0%
Japan2.30.72.02.30.0%
Brazil1.50.91.31.4-2.3%
Italy0.70.40.91.116.3%
United Kingdom0.20.10.40.858.7%
Pakistan0.30.20.20.30.0%
Argentina1.00.30.30.3-33.1%
Others4.46.85.25.36.4%
Total24.035.325.726.83.7%

Top Suppliers of Medical Instruments to Bolivia in 2022:

  1. China (1821.7 tons)
  2. United States (1161.5 tons)
  3. Brazil (394.1 tons)
  4. United Kingdom (391.6 tons)
  5. Italy (322.6 tons)
  6. Germany (285.6 tons)
  7. Pakistan (260.2 tons)
  8. Argentina (226.6 tons)
  9. Japan (66.2 tons)

Medical Instruments Exports in Bolivia

In 2022, medical instruments exports from Bolivia shrank sharply to 84 kg, declining by -99.8% against the previous year's figure. In general, exports saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 190,443% against the previous year. As a result, the exports attained the peak of 40 tons, and then contracted remarkably in the following year.

In value terms, medical instruments exports surged to $46K in 2022. Overall, exports saw a significant decline.

Export of Medical Instruments in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama0.1N/AN/A20.5489.6%
Germany20.11.832.010.4-19.7%
Chile16.98.0N/A5.5-31.2%
HondurasN/AN/A1.70.7-58.8%
ParaguayN/A7.12.4N/A-66.2%
Others64.726.7N/A8.6-49.0%
Total10243.636.145.8-23.4%

Top Export Markets for Medical Instruments from Bolivia in 2022:

  1. Panama (78.0 kg)
  2. Chile (4.0 kg)
  3. Germany (1.0 kg)
  4. Honduras (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medical instruments market in Bolivia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32501333 - Instruments and apparatus for measuring blood-pressure (including sphygmomanometers, tensiometers, oscillometers)
  • Prodcom 32501335 - Endoscopes for medical purposes
  • Prodcom 32501353 - Renal dialysis equipment
  • Prodcom 32501355 - Diathermic apparatus (including ultrasonic)
  • Prodcom 32501363 - Transfusion apparatus (excluding special blood storage glass bottles)
  • Prodcom 32501365 - Anaesthetic apparatus and instruments
  • Prodcom 32501370 - Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s.

Country coverage:

  • Bolivia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bolivia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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